11. March 2025
It’s time for the Cape Town Discount
Export Credit Agencies reduce their risk premiums by 10% on underwriting aircraft financings when the aircraft protocol to the Cape Town Convention applies but not on rolling stock when the corresponding rail protocol applies. This cannot be right! In anticipation of the OECD Export Credits Forum meeting this week in Paris the Rail Working Group has filed a detailed paper explaining why. You can find the detailed paper here.
